Search results for: Freight

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A list of search results

  • 18 April 2019
    Business & Finance

    Here are the five top tech trends which are reshaping freight forwarding.

  • 9 January 2019
    Business & Finance

    Digital initiative maruFreight has launched a new platform with an aim to optimize freight exchange.

  • 19 May 2015

    The freight rates for shipping containerized cargo from Asia to Northern Europe fell 23.5 pct last week reaching USD 658 per TEU on Friday, according to the Shanghai Containerized Freight Index. This is a 45% drop when compared to the same period in 2014 cancelling out the general rate increases pushed through by carriers. Following […]

  • 3 October 2013

    An estimated 90% of the world’s goods and products are shipped at some point in their lifecycle. The maritime shipping industry is enormous and is a linchpin of many other industries employing millions of people and enabling other businesses to thrive in the globally interdependent economy. Companies involved with shipping have a lot of power, […]

  • 22 March 2017
    Business & Finance

    Rotterdam-based short sea shipping firm BG Freight Line, a part of Peel Ports Group, will launch a new weekly container service to directly connect Cork and Liverpool staring from March 27. The weekly schedule of the new service will be Liverpool (Saturday), Cork (Monday), Liverpool (Wednesday). At the end of the each week, the vessel will continue […]

  • 6 October 2014
    Business & Finance

    Freight rates are likely to fall further as carriers stand firm in their reluctance to reduce capacity on the Asia-Europe and transpacific trades in the winter slack season, Alphaliner warned. The overcapacity-plagued market coupled with upcoming delivery of newbuilds are expected to exert further pressure on the rates. According to Alphaliner,  60 new vessels capable […]

  • 19 December 2018
    Business & Finance

    Drewry: Ocean freight rates for cargoes moving under contracts on major East-West routes decreased by 7% in the 4Q.

  • 1 April 2015

    Ocean freight rates for cargoes moving under contracts on major East-West routes have increased for the first time in years, according to Drewry’s Benchmarking Club. “In contract negotiations completed mainly for the European trades in the past three months, shippers have had to agree to increases in the base rate on some routes for the […]

  • 3 July 2017
    Business & Finance

    This year is one of huge correction after a disastrous 2016 for rates, buoyed at the same time by better supply and demand fundamentals, according to shipping consultancy Drewry. Global spot market freight rates were more than one-third higher in the first half of 2017 with big increases across most trade lanes. While there is […]

  • 12 November 2019
    Business & Finance

    Drewry’s World Container Index swelled by USD 210 in the past two weeks.

  • 27 June 2016

    Opening of the Panama Canal’s new locks may be a boom for Panama, shippers, US/Caribbean consumers and businesses, however, it could be seen as a possibly impeding financial disaster for the carriers, according to benchmarking and market intelligence platform for containerized ocean freight Xeneta. The new, Expanded Panama Canal promises more transits, potentially doubling the canal’s […]

  • 5 October 2015

    U.K.-based ferry operator P&O Ferries transported 367,000 units of freight across the English Channel between July and September – a 30 per cent increase on the same period last year, making it the busiest single quarter since 2003, and the best third quarter the company has ever had. September alone was the company’s best single month for […]

  • 7 November 2017
    Business & Finance

    The loss making freight rate levels witnessed in the tanker market during October are expected to be somewhat reversed as oil tankers enter the peak season, which runs from November to January, according to BIMCO. Crude oil tankers rates are expected to go up, but not to reach the highs of the previous peak season in […]

  • 30 October 2015

    European LNG demand growth will not be sufficient to raise LNG shipping freight rates, according to the LNG Forecaster report published by shipping consultancy Drewry. Namely, LNG shipping freight rates continue to be under pressure from weak Asian demand and a growing fleet and shipowners are seen pinning their hopes on a revival in European demand. Until the recent […]

  • 21 August 2018

    Rising Asia-Med freight rates might not last long as economic crisis engulfs Turkey.

  • 11 February 2019

    UK Department of Transport terminates Brexit ferry contract awarded to Seaborne Freight.

  • 17 April 2017
    Business & Finance

    Westbound Asia to Mediterranean volumes have been disappointing thus far in 2017, but shipments heading in the opposite direction are surging, according to shipping consultancy Drewry. Similar to the Asia-North Europe trade, the backhaul market is currently on top in the Asia-Mediterranean/North Africa route. Eastbound shipments increased by 16% year-on-year in the first two months […]

  • 18 June 2018

    DHL Freight, a unit of the German logistics giant DHL, said it has purchased four liquefied natural gas (LNG)-powered Stralis trucks from Iveco in Belgium. These heavy-duty, long-haul trucks have a driving range of up to 1,500 kilometers and enable a total weight of tractor and trailer of up to 40 tons. With this purchase, […]

  • 11 September 2018
    Business & Finance

    DFDS plans to install scrubbers on 12 freight ferries deployed on freight routes in the Mediterranean.

  • 15 January 2018
    Business & Finance

    With nearly 400 different vessel operators still active, there is plenty of room for M&A activity.

  • 2 September 2016
    Business & Finance

    The first half of 2016 has revealed that the dry bulk market is nowhere near balanced as there was a strong demand growth from China, while the devastating freight rate levels over the same period remained strong, according to BIMCO. BIMCO’s data on seaborne iron ore imports into China, shows a growth of 9.6% for H1-2016 as […]

  • 5 December 2018
    Business & Finance

    CMA CGM is the first ocean carrier to be listed on the online freight marketplace Freightos.